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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2

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Non-Maturity Deposits – A New Machined Learned Framework For ALM

South State Correspondent

While there have always been problems in banks’ asset-liability models (ALM) and liquidity stress test models, the current environment exacerbates this problem. As a result, most banks are overestimating their liability sensitivity and, thus, their deposit value. This reduces the duration of these non-maturity deposits.

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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Source: DeBanked ) Square Capital lent about $1.6 In a recent American Banker. Source: DeBanked ).

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The Top 250 Fintech Startups: Where Are They Now?

CB Insights

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. Phone number.

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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. Fifty-seven percent of entrepreneurs told Nav they prefer big banks , with 57 percent choosing to bank with large providers.

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JPMorgan Points To Healthy Consumer Spending; Card Transactions Jump 10 Pct.

PYMNTS

Average deposits in the consumer and community banking segment were up 5 percent. billion in the same quarter of 2018. In response to capital allocation, looking ahead, Dimon noted that there could be acquisitions on the horizon. Auto loans were unchanged at $83.5 billion measured at the end of the third quarter.

Cards 131
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Chase Earnings Point To Healthy Consumer Spending; Card Transactions Jump 10 Pct.

PYMNTS

Average deposits in the consumer and community banking segment were up 5 percent. billion in the same quarter of 2018. In response to capital allocation, looking ahead, Dimon noted that there could be acquisitions on the horizon. Auto loans were unchanged at $83.5 billion measured at the end of the third quarter.

Cards 130